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Pravin Gordhan warns recovery from corruption may take 10 years

27 July, 11:53 AM

Former finance minister Pravin Gordhan has criticised those sitting on the fence and allowing state capture to continue crippling the country's economy.

Gordhan was giving a speech during a University of Johannesburg lecture on radical economic transformation and white monopoly capital on Wednesday.

"We have too many fence sitters at the moment in all organisations," he said.

Gordhan made an appeal to all South Africans to stand against state capture in spite of ambitions to make small government deals or tenders.

He cautioned that should South Africans allow the rot that is state capture to continue, "we are going to slump into a 10-year disaster".

He said it will take the economy years to recover from state capture.

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